Materion Corporation $MTRN Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC increased its holdings in Materion Corporation (NYSE:MTRN) by 4.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,399 shares of the basic materials company’s stock after buying an additional 3,371 shares during the quarter. Intech Investment Management LLC’s holdings in Materion were worth $10,120,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Montag A & Associates Inc. increased its holdings in Materion by 1,607.7% in the 3rd quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock worth $27,000 after buying an additional 209 shares during the period. Maseco LLP acquired a new position in Materion in the 4th quarter worth approximately $27,000. EverSource Wealth Advisors LLC increased its holdings in Materion by 182.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock worth $28,000 after buying an additional 225 shares during the period. Jones Financial Companies Lllp acquired a new position in Materion in the 1st quarter worth approximately $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Materion in the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 93.56% of the company’s stock.

Materion Trading Down 1.2%

Shares of MTRN stock opened at $219.53 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.04 and a quick ratio of 1.32. The company has a market cap of $4.57 billion, a price-to-earnings ratio of 59.98 and a beta of 1.03. The stock has a 50 day simple moving average of $178.18 and a 200-day simple moving average of $151.16. Materion Corporation has a 1-year low of $73.61 and a 1-year high of $227.24.

Materion (NYSE:MTRN) last announced its earnings results on Wednesday, April 29th. The basic materials company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.03. The business had revenue of $261.79 million during the quarter, compared to the consensus estimate of $479.03 million. Materion had a return on equity of 12.45% and a net margin of 3.99%.The business’s quarterly revenue was up 30.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.13 EPS. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. On average, equities research analysts expect that Materion Corporation will post 6.48 EPS for the current fiscal year.

Materion Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 28th will be given a dividend of $0.145 per share. The ex-dividend date is Thursday, May 28th. This is a positive change from Materion’s previous quarterly dividend of $0.14. This represents a $0.58 annualized dividend and a dividend yield of 0.3%. Materion’s dividend payout ratio (DPR) is presently 15.85%.

Insider Buying and Selling

In related news, VP Gregory R. Chemnitz sold 4,517 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $157.32, for a total transaction of $710,614.44. Following the completion of the sale, the vice president directly owned 5,930 shares in the company, valued at approximately $932,907.60. The trade was a 43.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Melissa A. Fashinpaur sold 309 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $160.00, for a total value of $49,440.00. Following the sale, the chief accounting officer owned 310 shares of the company’s stock, valued at $49,600. The trade was a 49.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 7,365 shares of company stock worth $1,166,447. 2.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. KeyCorp increased their price target on shares of Materion from $185.00 to $223.00 and gave the stock an “overweight” rating in a report on Tuesday, May 19th. Wall Street Zen downgraded Materion from a “buy” rating to a “hold” rating in a report on Sunday, March 15th. Robert W. Baird started coverage on Materion in a report on Wednesday, April 1st. They issued an “outperform” rating for the company. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Materion in a report on Wednesday, May 13th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Materion presently has an average rating of “Moderate Buy” and a consensus target price of $223.00.

Materion Profile

Materion Corporation (NYSE: MTRN) is a global supplier of advanced materials and precision-engineered solutions. The company develops and manufactures high-performance alloys, engineered clad and composite materials, precision thin film products, and advanced optical and electronic materials. Materion’s offerings address critical performance requirements for industries where material properties such as strength, wear resistance, conductivity and optical clarity are paramount.

Materion’s core businesses include beryllium and beryllium composites for aerospace and defense platforms, nickel- and copper-based specialty alloys for industrial and medical applications, optical coatings and substrates for scientific instrumentation, and electronic materials used in semiconductor production.